Orting Food Bank Inc

Analysis

Orting Food Bank Inc is a registered charity in United States, based in Orting, WA. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Orting Food Bank Inc reported income of $1.2m and spending of $1.2m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $977k to $1.2m (+21%), an average of +5.0% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Orting Food Bank Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include North Star Initiative ($1.2m), Wayne Reed Christian Child Care Center ($1.2m) and Stein Gerontological Institute Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $46k (3.7% of expenses). Other salaries and wages came to $20k. At year end it held assets of $599k against liabilities of $2,437, net assets of $597k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.